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Home Icon > About Us > News > Keppel receives extension to pay $52.7m owed as part of Brazilian resolution

Keppel receives extension to pay $52.7m owed as part of Brazilian resolution

As part of a global resolution reached in 2017 with authorities in the US, Brazil and Singapore in relation to corrupt payments made to officials of Brazilian state-run oil company Petrobras and Brazilian politicians between 2001 and 2014, Keppel Offshore & Marine (Keppel O&M) received a conditional warning from the Corrupt Practices Investigation Bureau (CPIB), …

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As part of a global resolution reached in 2017 with authorities in the US, Brazil and Singapore in relation to corrupt payments made to officials of Brazilian state-run oil company Petrobras and Brazilian politicians between 2001 and 2014, Keppel Offshore & Marine (Keppel O&M) received a conditional warning from the Corrupt Practices Investigation Bureau (CPIB), …

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